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Long winter and economic uncertainty delay Canada's spring housing market
Long winter and economic uncertainty delay Canada's spring housing market Canada NewsWire...
About this update from Bridgemarq Real Estate Services, Inc.
[{"type":"text","content":"\n\n\nLong winter and economic uncertainty delay Canada's spring housing market\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nUptick in activity in recent weeks may be the start of a turnaround, leaving real estate market experts cautiously optimisticFirst quarter highlights:In the first quarter of 2026, the national aggregate home price decreased 2.0% year over year; ticked up a modest 0.7% over Q4 2025.The Greater Montreal Area's aggregate home price increased 3.3% year over year, while the greater Toronto and Vancouver markets recorded declines of 4.7% and 4.5%, respectively, in the first quarter.Quebec City recorded the highest year-over-year aggregate price increase (10.7%) among Canada's major regions for the eighth consecutive quarter.TORONTO, April 16, 2026 /CNW/ - Canada's spring housing market got off to a slow start, with momentum tempered by economic and geopolitical uncertainty, and the lingering effects of a long and snowy winter. However, activity began to pick up in recent weeks.\nAccording to the Royal LePage House Price Survey and Market Forecast released today, the aggregate1 price of a home in Canada decreased 2.0 per cent year over year to $812,900 in the first quarter of 2026. On a quarter-over-quarter basis, however, the national aggregate home price remained relatively flat, increasing just 0.7 per cent.\"In a typical spring, Canada's housing market would already be gaining momentum, but persistently low consumer confidence remains a drag on activity – especially in our most expensiv...